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Bosch Mexico announces $30 million dollars expansion of Aguascalientes facility

 
 
 

10/13/2015 | Corporate News

  • $30 million will be invested for the construction of a new production hall
  • Expansion is expected to generate nearly 200 new jobs
  • Safety systems for the Mexican and North American market
  • Mexico strategic location for the Bosch Group

Aguascalientes, Mexico – Bosch, a leading global supplier of technology and services, will invest $30 million in the expansion of its plant for automotive components in Aguascalientes, Mexico. The investment is planned to be finalized in 2016 and will create approximately 200 new jobs. The new construction will increase the facility’s production space by approximately 10,000 square meters (109,167 square feet), and will help to nearly double the total product volume of the plant. “The expansion will improve service to customers by meeting the demand of the local and North American markets”, said René Schlegel, president of Bosch Mexico.

The project is supported by the Governor of the State of Aguascalientes, Mr. Carlos Lozano de la Torre; the Secretary for Economic Development, Mr. Raul Landeros Bruni; and the Municipal President, Mr. Juan Antonio Martin del Campo.

Strategic investment

For more than ten years, Bosch has maintained a strong industrial presence in Aguascalientes. “Due to Aguascalientes’ strategic location and its importance as an automotive industry cluster, it was decided to make this investment. We have a strong confidence in the state of Aguascalientes and Mexico, supported by the dedication of our local associates that have helped to make this plant a model for quality and efficiency,” commented René Schlegel, president of Bosch Mexico.

“The Bosch Group, aware of the growth and development potential that Mexico has, and acknowledging the efforts of the associates that provide excellent product quality in our country, continues making important investments for the expansion of its plants in the national territory. This fills us with pride and drives us to continue giving our best to maintain Bosch's good name,” said Schlegel.

Innovative safety technology produced for the local market

With this expansion, Bosch’s Aguascalientes facility will begin production of the latest generations of keys safety systems, including antilock braking systems (ABS) and electronic stability program (ESP®). These systems are focused on improving safety in the driving and braking of today's automobiles, and are recognized worldwide for excellent results in the reduction of accidents and the saving of lives.

Strong presence of Bosch in Mexico

This year Bosch celebrates 60 years of presence in Mexico with excellent results. In 2014, it recorded sales exceeding $988 million, and in the last ten years, Bosch associates in Mexico have doubled, currently totaling more than 13,000.

All of Bosch’s four business sectors – Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology – are represented in Mexico. To date, the company has ten manufacturing facilities in the country with central offices located in Mexico City

Having established a regional presence in 1906 in North America, the Bosch Group employs some 28,700 associates in more than 100 locations, as of April 1, 2015. In 2014, Bosch generated consolidated sales of $12.6 billion in the U.S., Canada, and Mexico. For more information, visit www.boschusa.com and www.bosch.ca .

The Bosch Group is a leading global supplier of technology and services. It employs roughly 390,000 associates worldwide (as of December 31, 2016). The company generated sales of 73.1 billion euros in 2016. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT company, Bosch offers innovative solutions for smart homes, smart cities, connected mobility, and connected manufacturing. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to deliver innovations for a connected life. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.” The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiaries and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing and sales network covers nearly every country in the world. The basis for the company’s future growth is its innovative strength. At 120 locations across the globe, Bosch employs some 59,000 associates in research and development.

The company was set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as “Workshop for Precision Mechanics and Electrical Engineering.” The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant upfront investments in the safeguarding of its future. Ninety-two percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust. The remaining shares are held by the Bosch family and by Robert Bosch GmbH.

Additional information is available online at

www.bosch.com

www.iot.bosch.com

www.bosch-press.com

twitter.com/BoschPresse